Also if you wonder where you fall compared to other coaches “A 2019 survey by the International Coach Federation showed that real estate coaches often charge high fees because of the tangible ROI their clients can achieve.

Then of course there's the IRS this is a exert directly from the site: Federal law requires U.S. citizens and resident aliens to report any worldwide income, including income from foreign trusts and foreign bank and securities accounts.

Quote from @John Federic: The deal looks interesting...Wow thank you!

However, this doesn’t seem right to me because there is no taxable gain or depreciation recapture.

You can’t do repairs, you can’t stay there, any violations will be the same as a 100% taxable withdraw. 

Also, having a loan servicer handle the logistics will make it easier to manage the transaction while ensuring that taxes and insurance are handled correctly.Always consult with a real estate attorney to ensure that your seller financing agreement complies with state and federal laws.

Would depreciation on the equipment lower your taxable income, or do you already have tax losses to offset?

The vast majority of states also leverage figures on a federal return as a starting point to define taxable income, making adjustments to those figures to arrive at the portions of income that are taxable for state tax purposes. 

Yes, this strategy is an attempt to lower my wife’s taxable income.

The WA state credit union wherehe wanted to establish himself with a checking/savings accountrefused to take him. 800 credit, federal worker, very reliable, butout of state ID.